All of your unsecured debt can be wiped clean off your record with one simple phone call to National Debt Relief. National Debt Relief is a reputable debt negotiation company that is recognized all over the country, and is in fact one of the largest in the country. The company specializes in debt negotiation and negotiating settlements for people who owe thousands and thousands of dollars to various debtors. Not only does the company provide help for people by reducing their debt, but also help you formulate a plan as to how remaining debt should be managed after all or most of your debt is wiped clean.
The truth is Americans are bad at managing their money. One-third of Americans only have $1,000 in retirement savings, according to the Employee Benefits Research Institute, and about 30 percent of Americans say they have more debt in credit cards than they have ready to use in savings, according to a survey conducted by the respected financial news website BankRate.com.
The problem most Americans face is that they were not educated fully on how to manage their finances. When someone finally realizes how they should approach managing their finances it becomes too late, they are usually already in an insane amount of debt and feel overwhelmed to the point where they refrain from taking any kind of action. The truth is taking action sooner rather than later will work in your favor, primarily because the quicker National Debt Relief gets in touch with your debtors to resolve your outstanding balances, the better chance there is at negotiating deals in your favor to reduce your debt to nothing or to as low of an amount as possible.
Ahead you will learn the good and the bad that comes along with working with National Debt Relief. Both the good and the bad are outlined so that you can make an informed decision that you will feel comfortable with in the future. It always works to your benefit to make an informed decision, as opposed to one that you are only going to regret at some point in the future. Good news is that if you are in massive debt National Debt Relief can help make your life a whole lot easier.
The Good Aspects Of Debt Relief
Debt relief comes with a variety of positive aspects that you need to take into consideration when making final judgment on whether or not to allow National Debt Relief to assist you with your financial problems. The good aspects of what comes with the services offered are all listed ahead and reviewed in detail. From stress being lifted off your shoulders to the low cost charged in comparison to other debt relief companies, you’ll learn all the positive aspects that come with getting help from National Debt Relief.
Overdue Debt Is Eliminated
Tired of having medical bills, personal loans, business debt, collections and judgments, and repossession debt from plaguing your life? These are all the types of debt reductions you can receive assistance with. Unfortunately, there is no mortgage relief provided; yet you can still receive help in other areas to help make breathing room for you to pay all your other bills.
When you have no debt or next to no real debt your options in life begin to grow. Now you can start saving to help prepare yourself for any unexpected bills that come your way. Additionally, you have extra money to pay off all remaining debt. Best of all, you can save to plan trips so that you can enjoy life and travel from time to time.
The beautiful thing about National Debt Relief is that not only can your medical bills and loan debt be extinguished, but you can get help with your student loan debt as well. Student loans plague the majority of college graduates; the average amount of debt for students with loans is $29,400, according to a study conducted by The Institute for College Access & Success. Therefore, by paying off approximately $30,000 or more of debt most of the stress of managing your monthly payments vanishes.
Your Stress Vanishes
Studies have linked stress to health detriments such as high blood pressure, insomnia, and a variety of other issues that need not be present in your body or life. By eliminating most of your stress and allowing your body and mind to move forward with life you will help ensure that you live a healthier life. Debt relief doesn’t eliminate all of the stress in your life, but it can lift a significant amount and make you feel much happier as you go about your business every day.
Low Cost Helps Give You More Relief
There is no sense on eliminating your debt elsewhere only to add stress on your shoulders because you have to figure out how to pay back the people who helped you reduce your debt. National Debt Relief only charges a fee anywhere from 20 to 25 percent of your enrolled debt, or the debt we help you eliminate. Basically, your debt is reduced for a fraction of the cost you would originally pay back to all of your debtors.
You Get Improved Finances
When you don’t have to make hundreds of dollars in minimum payments each month, you will have a better debt to income ratio. This can help you buy a house or car once you are debt free. Not to mention hundreds of dollars more in your bank account that you’re not sending to your creditors. You can afford to pay cash instead of borrowing from your credit cards anymore.
Receive Assistance From True Professionals
National Debt Relief provides you with a great deal of confidence in allowing you to work with professionals who have not only helped thousands and thousands of individual cases, but by having awards and the recognition to back it up. National Debt Relief has received an excellence review in 2014, a 2014 Gold Award for Best Overall Debt Relief Company, a Five-Star rating in 2014, and an award for Top Consumer Reviews’ Best Overall Debt Relief Company. Additionally, National Debt Relief is a member of the U.S. Chamber of Commerce, is part of the International Association of Professional Debt Arbitrators, and holds membership accreditation with the American Fair Credit Council and the Better Business Bureau or BBB.
The Bad Aspects of Debt Relief
Damaged Credit For Several Years
Depending on your debtors, your credit could still have negative marks on your report for several years. Having negative marks on your credit history can limit your options when attempting to open other lines of credit. In the immediate future after your debt is reduced and a plan is formulated to pay it off you may want to refrain from attempting to open other lines of credit, but after at least one year you should be ready to open a new line of credit as long as you have maintained a positive history with paying and managing your debt and credit.
Overall, while your credit will still be negatively impacted, it is still more beneficial to go through a debt negotiation plan as opposed to filing for bankruptcy or dealing with debt consolidation loans. The marks on your credit report that appear as a result of reducing your debt with National Debt Relief compared to any other entity will be much less than it would be elsewhere, that works in your favor as you will be able to open new lines of credit sooner.
Not All Debt Can Be Forgiven
One bad thing you are going to have to come to terms with no matter which kind of debt relief company you work with is that only unsecured debt can be forgiven; therefore you are still obligated to pay back secured debt. Unsecured debt involves things such as credit cards, medical bills, and things of that nature. Secured debt falls under categories such as home mortgages and auto loans.
It may appear bad that your secured debt cannot be eradicated, but no debt relief experts can help you in this area. What separates National Debt Relief from other debt relief entities is that the company helps individuals with student loan debt. National Debt Relief may be able to reduce your student loan payments and get you better repayment terms with the Department of Education. Contact a representative to see if you qualify for some type of assistance in regards to your student loans.
Bad Debt Can Mean Higher Interest Rates
For a period of time after your debts are forgiven you will notice negative marks on your credit history. Having bad marks on your credit report soon after your debts are eliminated is naturally and inevitable. There is almost no way to remove negative marks from your credit history, so you are going to have to live with them for some time. The problem is these negative marks are going to leave you with poor credit for a period of time. Compare that to struggling to make minimum payments on your credit cards for many years, wasting thousands of dollars on high interest charges and fees.
Having bad credit is only a concern if you are planning to borrow more money in the future after you have become debt free. Do you really want to go back into debt after you have just become debt free and all the stress and sleeplessness it caused?
Bad and poor credit means you will have to deal with higher than average interest rates. When you open a new line of credit such as a credit card, auto loan, or personal loan you will notice that the interest rate you are given is a bit high. Because of this it is important to pay close attention to all of your bills and to manage your money wisely.
As you manage your lines of credit with high interest it would be wise to pay off more than your minimum payments every month. Paying back just the minimum of what you owe every month ultimately results in you paying back an insane amount of money to your debtor throughout the life of the loan. Instead, your plan of action should be to pay back more than what you owe so that you are contributing a significant amount towards your principal balance.
Not All Is Bad
As you see there are a few bad aspects of going through National Debt Relief, but receiving any type of debt relief is going to have its downfalls with any company. What works to your benefit is the fact that National Debt Relief provides services that no other debt relief company can offer; also, the company can help reduce your debt without causing you to pay much or go through a big hassle.
Services National Debt Relief Provides
To gain an understanding as to how National Debt Relief provides help, here is an overview of what actions are conducted with each program. Read in detail how you can receive help with debt settlement. By knowing what each service entails, you understand what to expect as we help you.
Traditional loan debt negotiation is the primary focus provided. These types of debts involve negotiations being made on your behalf with your personal lenders, credit card companies, and other basic financial entities where you may owe money. Note that all of your debt may not be able to be eliminated, but the majority of it can be taken away to allow you to breathe more financially.
National Debt Relief looks into all federal and state laws that apply to the amount of debt you hold to come up with a plan on how to destroy or eradicate most of your debt. Working with another company does not guarantee that the maximum amount of debt that you owe will be gone, and that can leave you with a lot of wasted time.
Remember, National Debt Relief does not operate in every state. Consult with an expert to learn if services are provided in your state. With that being said, debt relief is provided in most states and when it is provided the fullest extent of the law is bended and applied in your favor to help you.
Services Not Provided
On one spectrum National Debt Relief provides a variety of solutions to help you reduce and in many cases eliminate your debts fully. This is not always the case as there are some debts that need to be paid back, no matter your reason for failing to be able to pay them monthly. Before you get into contact with a member of our team, review the types of debt that cannot be forgiven so that you do not waste valuable time.
Here is a list of the following types of debts that you cannot receive assistance with through National Debt Relief: auto loans, mortgage loans, cash call loans, child support, personal loans from your current bank, back taxes, speeding tickets or infractions, back rent or cell phone bills, car repair bills, high cash advances, attorney fees, bail bonds, warranty contracts, AAFES, STAR, or USAA military cards, or Rent-A-Center bills. The list is a bit more extensive than that, speak to a representative or visit the website directly to learn more about the types of loans that you can get help with. All that is required to get started on the process is to either place a call, or to fill out a quick application online so that a determination can be made to see whether or not you are eligible for debt relief.
Conclusion – You Have A Decision To Make
At this point in the conversation you have a choice to make –
A. Keep doing what you’ve already been doing.
Keep struggling to pay the minimums on your credit cards for many years so you can keep your good credit rating because you’ve been told to never hurt your credit rating.
B. Use debt negotiation to resolve your credit card debt.
Get out of debt in 24 to 48 months and improve your debt to income ratio, have more cash in the bank and reduce your stress levels and sleeplessness.
IMPORTANT NOTE: If you have missed a payment or two, your credit score will have already taken a hit and the negative effects of debt negotiation will not be as severe.
If you choose B, keep reading:
Contact National Debt Relief in order to receive a free debt relief quote. There is no question about it that you are probably feeling a bit insecure about speaking with someone else about your finances and the debt you carry. The truth is there is no shame, fear, or doubt that should cloud your judgment. You know more than anyone else the amount of stress your debt is causing in your life.
Imagine all of that debt being wiped clean, and for good. What may sound like a dream come true can very well be a reality for you in the near future. National Debt Relief can help guide you in the right direction when it comes to managing your finances. The unbearable monthly debt can become far more manageable, allowing you to actually save money with all the money you make on a monthly basis.
Focus on other obligations that you have in life while National Debt Relief manages your outstanding balances. You are not required to spend a great deal of time figuring out how to eliminate your debt, that is our job. Your job is to focus on working and ensuring that you will have a nice and promising future ahead of yourself. Many other companies will still force you to dedicate time towards moving on in the debt consolidation process, but the company does their jobs efficiently so that you do not have to think about much else other than what to do with your extra money.
Not only can your debt be relieved and your stressed significantly reduced, but also your future has an unlimited amount of options once you have no more credit card debt. Think about it, in just a few years you should be able to open just about any line of credit (provided that you have maintained good credit and saved a considerable amount of money). You will be matched with a specialist who will review your individual case and situation, and formulate a plan to help contacting all of your debtors one by one in order to start on the debt relief process. Eventually all or the majority of your debt will be gone, and that will allow you to devise a plan to pay off your remaining balance and continue on with your life.